1,343 Shares in Apollo Global Management, Inc. (NYSE:APO) Purchased by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC purchased a new position in shares of Apollo Global Management, Inc. (NYSE:APO) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,343 shares of the financial services provider’s stock, valued at approximately $224,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Partners Group Holding AG grew its position in Apollo Global Management by 26.5% during the third quarter. Partners Group Holding AG now owns 775,727 shares of the financial services provider’s stock worth $96,896,000 after buying an additional 162,678 shares during the period. Kestra Private Wealth Services LLC acquired a new stake in shares of Apollo Global Management in the fourth quarter valued at approximately $3,994,000. Swedbank AB grew its position in shares of Apollo Global Management by 50.9% in the third quarter. Swedbank AB now owns 77,938 shares of the financial services provider’s stock valued at $9,735,000 after purchasing an additional 26,300 shares during the last quarter. Fortress Financial Solutions LLC acquired a new stake in shares of Apollo Global Management in the fourth quarter valued at approximately $685,000. Finally, Leavell Investment Management Inc. grew its position in shares of Apollo Global Management by 39.8% in the fourth quarter. Leavell Investment Management Inc. now owns 6,150 shares of the financial services provider’s stock valued at $1,016,000 after purchasing an additional 1,750 shares during the last quarter. 77.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Apollo Global Management

In related news, CFO Martin Kelly sold 5,000 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $158.28, for a total transaction of $791,400.00. Following the completion of the sale, the chief financial officer now directly owns 377,164 shares of the company’s stock, valued at $59,697,517.92. This represents a 1.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 8.50% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on APO shares. Piper Sandler upped their price objective on shares of Apollo Global Management from $188.00 to $202.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Citigroup upped their price objective on shares of Apollo Global Management from $162.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Wells Fargo & Company reduced their price objective on shares of Apollo Global Management from $191.00 to $187.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. TD Cowen upped their price objective on shares of Apollo Global Management from $178.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Finally, The Goldman Sachs Group upped their price objective on shares of Apollo Global Management from $161.00 to $178.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, Apollo Global Management presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.74.

Apollo Global Management Trading Up 2.0 %

Shares of NYSE:APO opened at $140.62 on Thursday. The company has a 50 day moving average of $161.43 and a 200-day moving average of $150.03. The firm has a market cap of $80.22 billion, a P/E ratio of 19.24, a P/E/G ratio of 1.17 and a beta of 1.63. Apollo Global Management, Inc. has a twelve month low of $95.11 and a twelve month high of $189.49. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.33.

Apollo Global Management Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were paid a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend was Tuesday, February 18th. Apollo Global Management’s dividend payout ratio is currently 25.31%.

Apollo Global Management Company Profile

Apollo Global Management, Inc is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.